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30 Sep
21:43

Ryerson projects mixed Q3 results ahead

US service centre chain Ryerson expects to see a year-on-year uptick in its third quarter profits, with relatively flat performance quarter on quarter, Kallanish understands from the company’s Q3 guidance. Ryerson expects to turn a profit of $8-12 million in Q3, up from a profit of $7m in Q3 2015. “The company anticipates revenue for the third quarter of 2016 to be flat with the second quarter of 2016, with higher average selling prices offset by …
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